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Pappasito's Cantina history
Pappasito's Cantina company history timeline
1897: H.D. Pappas emigrates to the United States from Greece a nd opens up restaurants in Arkansas, Tennessee, and Texas.
In 1970, Jim Pappas's son, Harris, join ed the family business, soon followed by his other sons, Christopher and Greg.
With the 1980 opening of the first Pappas Seafood House, the company realized that it had entered a lucrative market.
In 1992, the bus iness broke into the San Antonio market with one of its Pappasito's C antina Mexican food eateries.
The company planned to open another Pap pasito's and the Pappas' Cajun seafood concept, Pappadeux Seafood Kit chen, in San Antonio by the fall of 1993.
In 1996, the company's gamble on a new concept--an upscale steakhouse with a cigar room, impressive wine cellar, and playful art--raised t he business to new heights.
In a plea bargain signed August 13, 1997, the company agreed to pay a $1.7 million fine, the largest ever in an Immigration and Naturalization Service enforcement case.
Luby' s stock value had plunged by more than 75 percent in three years. It had further suffered from high management turnover, declining sales, a controversial president who resigned in September 2000, and a proxy fight with a small group of shareholders who had tried to oust some of company's board members at its January annual meeting.
2001: Christopher and Harris Pappas are named executive manage rs of Luby's Inc.
In June 2005, Luby's third-quarter sales had increased 6.5 percent to $77 million, fueled primarily by the introduction of new combo plates such as lemon basil salmon, Cajun etoufee, and sweet sesame pork.
By August 2005, however, the Pappas bro thers had begun to turn the troubled company around by investing in b etter kitchen facilities, introducing new food selections, and launch ing a new marketing campaign.
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Pappasito's Cantina competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Panera Bread | 1981 | $2.8B | 140,000 | 4,603 |
| Chili's Grill & Bar | 1975 | $4.4B | 13,000 | 115 |
| Chipotle Mexican Grill | 1993 | $11.3B | 64,570 | 5,236 |
| Carrabba's | 1986 | $4.1B | 30,000 | - |
| Firehouse Subs | 1994 | $695.0M | 2,000 | 2,005 |
| Sonic Drive-In | 1953 | $423.6M | 5,000 | 7,639 |
| Corner Bakery Cafe | 1991 | $200.0M | 3,000 | - |
| Kahala Brands | 1981 | $77.3M | 360 | 33 |
| Morton's The Steakhouse | 1978 | $66.0M | 4,154 | - |
| Pappadeaux Seafood Kitchen | - | $14.0M | 350 | - |
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